Ares Management Corp (NYSE: ARES) is -12.09% lower on its value in year-to-date trading and has touched a low of $125.23 and a high of $200.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ARES stock was last observed hovering at around $153.75 in the last trading session, with the day’s gains setting it 1.88%.
Currently trading at $155.63, the stock is 1.49% and -10.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.84 million and changing 1.22% at the moment leaves the stock -3.13% off its SMA200. ARES registered 13.95% gain for a year compared to 6-month gain of -0.66%. The firm has a 50-day simple moving average (SMA 50) of $173.9634 and a 200-day simple moving average (SMA200) of $160.66415.
The stock witnessed a -7.86% loss in the last 1 month and extending the period to 3 months gives it a -9.03%, and is 8.06% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.06% over the week and 4.07% over the month.
Ares Management Corp (ARES) has around 3200 employees, a market worth around $49.09B and $4.22B in sales. Current P/E ratio is 77.09 and Fwd P/E is 23.52. Profit margin for the company is 9.73%. Distance from 52-week low is 24.28% and -22.37% from its 52-week high. The company has generated returns on investments over the last 12 months (2.48%).
with sales reaching $914M over the same period.The EPS is expected to grow by 31.22% this year, but quarterly earnings will post 35.08% year-over-year. Quarterly sales are estimated to grow 20.99% in year-over-year returns.
Ares Management Corp (ARES) Top Institutional Holders
977.0 institutions hold shares in Ares Management Corp (ARES), with institutional investors hold 90.41% of the company’s shares. The shares outstanding are 199.87M, and float is at 191.96M with Short Float at 2.03%. Institutions hold 79.14% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.02 million shares valued at $2.4 billion. The investor’s holdings represent 9.3553% of the ARES Shares outstanding. As of 2024-06-30, the second largest holder is WELLINGTON MANAGEMENT GROUP LLP with 18.65 million shares valued at $2.49 billion to account for 9.1828 of the shares outstanding. The other top investors are SUMITOMO MITSUI FINANCIAL GROUP, INC. which holds 13.36 million shares representing 6.5795% and valued at over $1.78 billion, while BLACKROCK INC. holds 6.325 of the shares totaling 12.85 million with a market value of $1.71 billion.
Ares Management Corp (ARES) Insider Activity
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Ares Management Corp disclosed in a document filed with the SEC on Mar 11 ’25 that BHUTANI ASHISH (Director) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Mar 11 ’25 and was made at $141.33 per share for $1.41 million. Following the transaction, the insider now directly holds 22905.0 shares of the ARES stock.
Still, SEC filings show that on Mar 04 ’25, Rosenthal Bennett (Co-Founder & Chairman of PEG) disposed off 69,809 shares at an average price of $161.01 for $11.24 million. The insider now directly holds 30,191 shares of Ares Management Corp (ARES).
